Net worth is an estimate of financial health. It’s how much a person or company has left when all costs are subtracted. If someone owns assets worth $1 million and has liabilities of $500,000, their net worth is $500,000. Liabilities can include mortgages, short-term credit, accounts owed, expenses, and so on.
*Dealing in digital assets involves significant risks. The value of digital assets is highly volatile, and you should carefully consider whether trading or holding digital assets is suitable for you in light of your financial situation. Read more on our Terms of Use here: www.luno.com
This information is not intended to be nor does it constitute financial, tax, legal, investment or other advice; nor is it a call to trade. The information is intended as general market commentary for information purposes only. Before making any decision or taking any action regarding your finances, you should consult a qualified Financial Advisor.
